We Have Collected Price Per Share and Dividend Information from a Sample

question 133

Multiple Choice

We have collected price per share and dividend information from a sample of 30 companies. The slope in this instance indicates:

• A) for each additional dollar in stock price, we can anticipate an additional $2.73 in dividend.
• B) for each additional dollar in stock price, we can anticipate an additional $3.68 in dividend.
• C) for each additional dollar in stock price, we can anticipate an additional $0.27 in dividend.
• D) for each additional dollar in dividend, we can anticipate an additional $2.71 in stock price.
• E) for each additional dollar in dividend, we can anticipate a drop of $3.68 in stock price.

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Definitions:

Fraudulent Misrepresentation

A false statement made knowingly or recklessly to induce another party to enter into a contract, resulting in harm or loss.

Reliance

The act of depending on or trusting something or someone.

Legal Assent

The express or implied agreement to the terms of a contract, demonstrating a mutual understanding and intention to be bound by those terms.

Courts

Institutions established by governmental entities to settle disputes through a legal process by applying laws and issuing decisions, rulings, or judgments.